Rimini Street grants Hershkowitz stock options
Vesting for the reported awards is scheduled from October 1, 2027, through March 2, 2029, subject to continued service through each applicable date.
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Form Type
4
Rhea-AI Filing Summary
Rimini Street, Inc. reported that Steven Hershkowitz, EVP & Chief Revenue Officer, received four employee stock option awards on October 1, 2026: 66,667, 18,301, 25,116 and 100,000 options. Each option has a $4.29 exercise price and expires October 1, 2037. He also received five restricted stock unit awards of 100,002, 66,667, 22,989, 11,264 and 32,258 units; each unit is a contingent right to receive one share of common stock upon vesting. The options and units follow separate vesting schedules, with each award subject to continued service through its applicable vesting date. Direct common-stock holdings following the reported transactions on October 1, 2026, were 186,992 shares.
Insider Trade Summary
Grant/Award: 443,264 shares
Grant/Award
10 txns
Insider
Hershkowitz Steven
Role
EVP & Chief Revenue Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Options (Right to Buy) F1 | 66,667 | $0.00 | $0.00 |
| Grant/Award | Employee Stock Options (Right to Buy) F2 | 18,301 | $0.00 | $0.00 |
| Grant/Award | Employee Stock Options (Right to Buy) F3 | 25,116 | $0.00 | $0.00 |
| Grant/Award | Employee Stock Options (Right to Buy) F4 | 100,000 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units F5, F6 | 100,002 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units F5, F7 | 66,667 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units F5, F8 | 22,989 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units F5, F9 | 11,264 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units F5, F10 | 32,258 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Employee Stock Options (Right to Buy) — 210,084 contracts (Direct);
Restricted Stock Units — 233,180 contracts (Direct);
Common Stock — 186,992 shares (Direct)
Footnotes (10)
- F1. On October 1, 2026, the Reporting Person was awarded 66,667 Employee Stock Options, which shall vest in full in accordance with the following vesting schedule: 50% of the shares subject to the Option shall vest on October 1, 2027, and 50% of the shares subject to the Option shall vest on December 17, 2027, subject to the Reporting Person continuing to be a Service Provider (as defined in the Company's 2013 Equity Incentive Plan) through each such vesting date.
- F2. On October 1, 2026, the Reporting Person was awarded 18,301 Employee Stock Options, which shall vest in full in accordance with the following vesting schedule: 50% of the shares subject to the Option shall vest on October 1, 2027, and 50% of the shares subject to the Option shall vest on March 4, 2028, subject to the Reporting Person continuing to be a Service Provider through each such vesting date.
- F3. On October 1, 2026, the Reporting Person was awarded 25,116 Employee Stock Options, which shall vest in full in accordance with the following vesting schedule: one-third of the shares subject to the Option shall vest on October 1, 2027, one-third of the shares subject to the Option shall vest on March 2, 2028, and one- third of the shares subject to the Option shall vest on March 2, 2029, subject to the Reporting Person continuing to be a Service Provider through each such vesting date.
- F4. On October 1, 2026, the Reporting Person was awarded 100,000 Employee Stock Options, which shall vest in full in accordance with the following vesting schedule: one-third of the Shares subject to the Option shall vest on October 1, 2027, one-third of the shares subject to the Option shall vest on March 2, 2028 and one-third of the Shares subject to the Option shall vest on March 2, 2029, subject to the Reporting Person continuing to be a Service Provider through each such vesting date.
- F5. Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
- F6. On October 1, 2026, the Reporting Person was awarded 100,002 Restricted Stock Units, 100% of which shall vest in full on October 1, 2027, subject to the Reporting Person continuing to be a Service Provider through the vesting date.
- F7. On October 1, 2026, the Reporting Person was awarded 66,667 Restricted Stock Units which shall vest in full in accordance with the following vesting schedule: 50% of the Restricted Stock Units shall vest on October 1, 2027, and 50% of the Restricted Stock Units shall vest on December 17, 2027, subject to the Reporting Person continuing to be a Service Provider through each such vesting date.
- F8. On October 1, 2026, the Reporting Person was awarded 22,989 Restricted Stock Units which shall vest in full in accordance with the following vesting schedule: 50% of the Restricted Stock Units shall vest on October 1, 2027, and 50% of the Restricted Stock Units shall vest on March 4, 2028, subject to the Reporting Person continuing to be a Service Provider through each such vesting date.
- F9. On October 1, 2026, the Reporting Person was awarded 11,264 Restricted Stock Units which shall vest in full in accordance with the following vesting schedule: 50% of the Restricted Stock Units shall vest on October 1, 2027, and 50% of the Restricted Stock Units shall vest on March 4, 2028, subject to the Reporting Person continuing to be a Service Provider through each such vesting date.
- F10. On October 1, 2026, the Reporting Person was awarded 32,258 Restricted Stock Units, which shall vest in full in accordance with the following vesting schedule: one-third of the Restricted Stock Units shall vest on October 1, 2027, one-third of the Restricted Stock Units shall vest on March 2, 2028, and one-third of the Restricted Stock Units shall vest on March 2, 2029, subject to the Reporting Person continuing to be a Service Provider through each such vesting date.
Key Figures
Employee stock options awarded: 66,667; 18,301; 25,116; 100,000 options
Restricted stock units awarded: 100,002; 66,667; 22,989; 11,264; 32,258 units
Exercise price: $4.29 per option
+2 more
5 metrics
Employee stock options awarded
66,667; 18,301; 25,116; 100,000 options
Awards dated October 1, 2026
Restricted stock units awarded
100,002; 66,667; 22,989; 11,264; 32,258 units
Awards dated October 1, 2026
Exercise price
$4.29 per option
Employee stock options
Option expiration date
October 1, 2037
Employee stock options
Direct common-stock holdings
186,992 shares
Following reported transactions on October 1, 2026
Key Terms
Employee Stock Options (Right to Buy), Restricted Stock Units, vesting schedule, Service Provider
4 terms
Employee Stock Options (Right to Buy) financial
"Employee Stock Options (Right to Buy)"
Restricted Stock Units financial
"Each Restricted Stock Unit represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vesting schedule financial
"in accordance with the following vesting schedule"
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
Service Provider technical
"continuing to be a Service Provider through each such vesting date"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did RMNI's Steven Hershkowitz receive?
Steven Hershkowitz, EVP & Chief Revenue Officer, received employee stock options covering 66,667, 18,301, 25,116 and 100,000 shares, each with a $4.29 exercise price, plus restricted stock units of 100,002, 66,667, 22,989, 11,264 and 32,258 units.
When do Steven Hershkowitz's RMNI options vest?
All options are subject to continued service through each vesting date. The 66,667-option award vests 50% on October 1, 2027, and 50% on December 17, 2027; 18,301 options vest 50% on October 1, 2027, and 50% on March 4, 2028. The 25,116- and 100,000-option awards each vest in thirds on October 1, 2027, March 2, 2028, and March 2, 2029.
When do Steven Hershkowitz's RMNI restricted stock units vest?
All units are subject to continued service through each vesting date. The 100,002-unit award vests on October 1, 2027. The 66,667-unit award vests in halves on October 1 and December 17, 2027; the 22,989- and 11,264-unit awards each vest in halves on October 1, 2027, and March 4, 2028. The 32,258-unit award vests in thirds on October 1, 2027, March 2, 2028, and March 2, 2029.
AI-generated analysis. How Rhea-AI works. Not financial advice.
